In a significant boost to its defense sector, Lithuania has marked a major milestone by signing a crucial agreement with German military industry giant, Rheinmetall AG. This agreement, which solidifies the construction of an ammunition plant in Lithuania, involves an investment surpassing €180 million and is projected to create at least 150 new jobs, signifying […]
In a significant move to broaden its market reach and diversify its portfolio, Sunita Tools Limited, a leading player in the Indian Engineering, Aerospace, and Mould Base market, has announced the launch of a new subsidiary. This strategic expansion aims to manufacture defense and aerospace parts and components, Air Engineering parts, Precision Pumps, and Compressor […]
In a strategic move poised to reshape the global bearing industry, DuPont and Menatek Defense Technologies have unveiled a partnership centered on NAZ Bearings, a cutting-edge, self-lubricating bearing solution. This collaboration marries DuPont’s expertise in developing tailor-made materials for enhanced wear resistance and Menatek’s prowess in bearing design and manufacturing, to introduce a maintenance-free bearing […]